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Keywords: risk management
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Journal Articles
The Accounting Review (2022) 97 (4): 27–50.
Published: 01 July 2022
... or cooling when the weather is more moderate than expected. 6 executive compensation contract design equity incentives risk-taking incentives stock options derivatives hedging natural experiment risk management controllable risk Second, executives' ability to control...
Journal Articles
The Accounting Review (2021) 96 (5): 207–229.
Published: 01 September 2021
... banks downsize their entire loan portfolios, both small business loans and other loans, in response to increased leverage after consolidation. (2) In the risk management channel, consolidating banks adjust the mix of loans to maintain optimal diversification. The adjustment can increase the supply...